Tax planning is a process of looking at various tax options in order to determine when, whether, and how to conduct business and personal transactions so that taxes are considerably reduced or optimized.

In India, around 50% of the product price attribute for different kind of taxes. It includes, Excise Duty, Sales Tax, Service Tax, Income Tax, Entry Tax, etc. Hence, any product or services requires a proper analysis of applicable taxes and their impact. It can change your market plans, budgets etc.

At Centrik Business Solution, our focus is on you and our tax advisory practice has a strategy that will help your company succeed. We assist businesses, organizations and individuals with tax strategy, planning and compliance, whilst also delivering a wide range of business advisory services. From planning with international tax consultants to navigating local laws, our tax professionals have a distinguished track record for working with major companies and their investors to address complex tax issues.

We understand domestic and international tax environments. But more importantly, we work diligently to understand your business, your challenges, your goals, your needs.

OUR SERVICE SHALL INCLUDE

  • Understanding of Your Business, Process and Products
  • Analysis of Applicable Tax Laws, Compliance
  • Analysis of Impact on Different Policies and Planning
  • Preparation of Revised Plans and Policies
  • Counter-check by Senior Legal Expert
  • Helping You for Next Course of Action
  • You can Check the Status at Any Time on Our Website
Share Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn

FAQ

How Do We Work?

The documents would be processed by our experts and if required further information would be sought from you. The expert would then undertake a detailed study of your case and analyze the impact and applicability of tax laws to you. The expert would also discuss the case with you and take your valuable inputs. After completion of this process you would get a well-crafted report by an expert.

What Are The Charges For Consulting?

We at Centrik, reply every single query. Our first reply is always free. The exact consulting fees would be communicated only after knowing the complete scope of work. Whatever the fees, it shall be communicated to you, prior to start of work, through proper mail.

Why To Choose Centrik?

Our experts are hand-picked who has very vast and expertise knowledge in their field. After received all details, we work closely to provide you the best possible solutions.

Are You A Govt Agency?

Our experts are hand-picked who has very vast and expertise knowledge in their field. After received all details, we work closely to provide you the best possible solutions.

Get your first FREE consultation today

GET STARTED

Expert Attorneys

We are professional

V K Swami

Hony. Member of Advisory Board

Expertise: All For Startup,Authentic Legal Advice,Debt Recovery Management,Legal Outsourcing,RERA consulting,Tax Litigation,Tax Planning
  • 25 years Experience
  • New Delhi, Delhi, India

Rajesh Kumar Ajmani

Tax Expert

Expertise: Compliance & Filings, Tax Assessment Tax Refunds All About Startup
  • 22 Years Experience
  • Delhi

Amarpal Jakhar

Chartered Accountant

Expertise: Grievance Redressal Invest In India Go Global Tax Assessment Tax Refunds Tax Strategy & Planning All India VAT Register Your Business
  • 10 Years Experience
  • New Delhi

Nikhil Mohan Jhanwar

Partner

Expertise: All About GST,All For Startup,Project Funding,Registration And Compliance,Tax Litigation,Tax Planning
  • 6 years Experience
  • Noida

CA Pankaj Kumar

Partner

Expertise: All About GST,Legal Outsourcing,Registration And Compliance,Tax Planning
  • 6 years Experience
  • New Delhi

CA. JAYKISHAN RATHI

Chartered Accountant

Expertise: All About GST,Authentic Legal Advice,Grevance Redressal,Litigation-All In Way,Project Funding,Registration And Compliance,Tax Litigation,Tax Planning,Tax Refund,Tender Servicing
  • 5 Years Experience
  • Ring Road, Surat, Gujarat, India

CA Rahul Gupta

Expertise: All About GST,All For Startup,Grevance Redressal,RERA consulting,Tax Litigation,Tax Planning,Tax Refund
  • 5 years Experience
  • Sonepat, Haryana, India

Ishtdeep Singh Uppal

Advocate

Expertise: All About GST,Authentic Legal Advice,RERA consulting,Tax Litigation
  • 5 years Experience
  • New Delhi

RAHUL SHARMA

Company Secretary- Startup Consultant

Expertise: All For Startup,Registration And Compliance,RERA consulting
  • 5 Years Experience
  • New Delhi, Delhi, India

Hitesh Purohit

Senior Tax Consultant

Expertise: All About GST,All For Startup,Tax Litigation,Tax Planning,Tax Refund
  • 5 Years Experience
  • Mumbai (Suburban)

Shivam Chaurasia

Associate - RERA Consulting

Expertise: Register Your Business, Business Modelling, Compliance & Filings, Audit & Assurance, Approval & License
  • 5 Years Experience
  • Lucknow

Pushpender Tyagi

Compliance Manager

Expertise: CCM,Legal Outsourcing,Registration And Compliance,Tax Litigation,Tax Planning,Tax Refund
  • 4 years Experience
  • Sonipat, Haryana, India

Poonam Verma

Accounts Executive

Expertise:
  • 4 years Experience
  • New Delhi, Delhi, India

Ashutosh Aggarwal

Partner

Expertise: All About GST,All For Startup,CCM,Go Global,Tax Litigation,Tax Planning,Tax Refund
  • 4.5 years Experience
  • New Delhi

Gautam goyal

Tax Manager

Expertise:
  • 4 Years Experience
  • New Delhi

PRAVEEN AGGARWAL

Chartered Accountant

Expertise: All About GST,Registration And Compliance,RERA consulting,Tax Litigation
  • 4 years Experience
  • Gurgoan

Amit Sharma

Partner

Expertise: Go Global,Project Funding,Tax Litigation,Tax Planning,Tax Refund
  • 4 years Experience
  • New Delhi, Delhi, India

CS Neha Goyal

Compliance Manager

Expertise: All About GST, Compliance & Filings, Register Your Business, Authentic Legal Advice, Approval & License, Representation
  • 2 Years Experience
  • Delhi

Latest Blogs

Our Latest Blogs

Claim of Tax Credit on Foreign Income of a Resident
Posted on 0 CommentsCategories Tax PlanningTags , , ,
In Income tax Act, Residential status of the individual is one of the major factor while determining the taxability of...
Taxability of Gifts as per Income Tax Act 1961
Posted on 0 CommentsCategories Tax PlanningTags , , ,
If you receive gifts in the form of money and property from any of your relative or friends, it may...
Reopening of Income tax case after 6 years
Posted on 0 CommentsCategories Registration And Compliance, Tax Litigation, Tax PlanningTags ,
Whether notice for reopening of cases on the basis of finding of tribunal, after expiry of 6 years limitation from...
Who can claim tax benefits if more than one person pays the home loan EMI?
Posted on 0 CommentsCategories Tax PlanningTags , , ,
As there are no restrictions on the number of properties you can own, there are also no restrictions on the...
Possibility of tax to be levied on Bitcoin in India at Length
Posted on 0 CommentsCategories Tax PlanningTags , , ,
Bitcoin has been regulated by Central authority but with reference to the latest news, you have to pay taxes on...
Best Investment plans in India for your child’s Future
Posted on 0 CommentsCategories Legal Advisory, Tax PlanningTags , ,
It is important that you should plan investments for your children's future. This article is about some of the best...
Implementation of VAT in GULF Countries
Posted on 0 CommentsCategories Tax PlanningTags , , ,
VAT is being implemented in the Kingdom of Saudi Arabia or KSA under Unified VAT Agreement for The Cooperation Council...
Know How to Surrender Additional Pan Card and its Consequences
Posted on 0 CommentsCategories Government Advisory, Tax PlanningTags , ,
An individual or entity could have been an issue with duplicate PAN cards due to an administrative error or if...
Be Aware – Now Statement of Financial Transaction replaced AIR
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags , , ,
The Statement of financial transactions need to be prepared by the person required to be audited in the income tax...
How Much HRA is Exempt From Tax? Let’s Discuss
Posted on 0 CommentsCategories Tax Advisory, Tax Planning, Tax RefundTags , , ,
The Assessee is responsible for correct solution of income tax liability of their employees, deduct appropriate amount of income tax and...
CBDT Issues PAN and TAN Within Day to Improve Ease of Doing Business
Posted on 0 CommentsCategories Government Advisory, Grievance Redressal, Tax Advisory, Tax PlanningTags , ,
CBDT has tied up with Ministry of Corporate Affairs (MCA) to issue Permanent Account Number (PAN) and Tax Deduction Account...
Read This! Before Making or Accepting Any Amount in Cash
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags , , , ,
In a major step towards curbing Black Money, Union Finance Minister Arun Jaitley introduced for many changes in Income Tax...
10 things you should know about Section 269ST
Posted on 0 CommentsCategories Authentic Legal Advice, Legal Advisory, Tax Advisory, Tax PlanningTags , ,
The proposed section is envisaged to have a far-reaching effect on the transactions and so much that even withdrawal of...
7 Financial Tips for Young Employees to Become Rich This Year
Posted on 0 CommentsCategories All For Startup, Business Advisory, Tax PlanningTags , ,
The government has already taken several steps to promote digital payments and several other schemes launched by the government have...
6 Tax Tasks You Should Finish by March 31
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags ,
If you are contemplating to take up the tax matters at the last minute, there could be bad surprises in...
Taxability of Sale of Agriculture Land
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags
Any land used for agricultural purpose shall be treated as agricultural land. It can be situated in rural area or...
10 Important Income Tax Changes Which Will Apply From 1st April
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags , , ,
The tax proposals in the Budget 2017 have now become law. In addition, some amendments were also introduced in the...
Aadhar to be made mandatory for filing I-T return, applying for PAN card
Posted on 0 CommentsCategories Government Advisory, Grievance Redressal, Tax Advisory, Tax Planning
The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account...
March Is About To End, Be Prepare For Tax Related Issues
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags , ,
With hardly a fortnight left for the end of the financial year 2016-17, the March 31 deadline remains sacrosanct for...
ELSS Fund Under Section 80C Helps You to Save Tax
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags , ,
You can save tax by investing upto Rs 1.5 lakh in equity-linked savings scheme (ELSS) under section 80C of the...
Tax exemption limit of gratuity going to be doubled
Posted on 0 CommentsCategories Tax Advisory, Tax Planning
The government's decision to raise the tax-free gratuity limit to Rs 20 lakh for non-government employees may lead to big...
If you are thinking you are paying more tax- This is for you
Posted on 0 CommentsCategories Tax Advisory, Tax Planning
When we think about making tax saving investments, the first thing that comes to mind is section 80C of Income...
Check! How You Can Restructure Your Salary Package
Posted on 0 CommentsCategories Tax Advisory, Tax Planning
Yet if you have not re-designed your Salary Package , then this is the change available with you to smartly...
Four things that can impact your savings and increase tax liability
Posted on 0 CommentsCategories Tax Planning
The present burden of taxation is mainly on honest taxpayers and salaried employees.” Keeping this in view, he tried to...
How to Do Tax Planning Before Year End?
Posted on 0 CommentsCategories Tax Advisory, Tax PlanningTags ,
It is already March and soon the financial year 2016-17 will end. By this time you should have better picture...
What is 200% penalty on non-disclosure of income? Lets understand!
Posted on 0 CommentsCategories Tax Advisory, Tax Planning
We are hearing a lot about 200% penalty on undisclosed income, particularly after the announcement by Hon’ble Prime Minister for...
Incentives For Start-Ups In Budget 2016
Posted on 0 CommentsCategories Tax Advisory, Tax Planning
Apart from the above beneficial provisions under income-tax Act, beneficial provision in respect of payment of service tax on quarterly...
Major Highlights Of Union Budget 2016-17 Announced By Hon’ble Finance Minister
Posted on 0 CommentsCategories Tax Advisory, Tax Litigation, Tax Planning, Tax Refund
Assignment of right to use the spectrum and its transfers has been deducted as a service leviable to service tax...
Tax Benefits On Home Loans?
Posted on 0 CommentsCategories Tax Litigation, Tax Planning
Stamp duty and registration charges and other expenses related directly to the transfer are also allowed as a deduction under...
What Is House Rent Allowance( HRA) ?
Posted on 0 CommentsCategories Tax Planning
The word salary includes dearness allowance if terms of employment so provide and commission based on fixed percentage of turnover...
What Is Form Delhi Sugam-2 In Short DS2 In DVAT?
Posted on 0 CommentsCategories Tax Advisory, Tax Planning
To facilitate business in Delhi and to prevent evasion of taxes, Delhi Government has decided to introduce a new online...
What Is Tax Deducted At Source (TDS) On Property?
Posted on 0 CommentsCategories Tax Advisory, Tax Planning
The Finance Bill 2013 has proposed that purchaser of an immovable property (other than rural agricultural land) worth Rs 50...

Latest Updates

Our Latest Updates

CBDT forms 9 member committee for full I-T e-assessment from 2018
The Central Board of Direct Taxes (CBDT) notified a 9-member committee headed by a Principal Chief Commissioner rank officer to...
Revised late filing penalty and last date to file GSTR-3B and GSTR-1
Filing Goods and Service Tax Returns-1 (GSTR-1) GSTR-1 to be filed by the taxpayer with annual aggregate turnover up to Rs....
CBDT may drop plan to look corporate taxes in advance
In September, Central Board of Direct Taxes (CBDT) directs corporates and professionals to drop the proposal to submit their tax...
Detailed investigation by Income Tax Department for 20,572 Income Tax Returns
The Income Tax Department has selected 20,572 Income tax returns for detailed investigation. Reason being there were discrepancies in income...
Clearance for Deduction of Tuition/School fees paid for education
The Government has given clearance for deduction of tuition/school fees paid for the education of children. The summary for the...
Date extended for ITR/Tax Audit Reports for ay 17-18 to 7 Nov, 17
Central Board of Direct Taxes (CBDT) decided to boost the deadline for e-filing of income tax returns for those taxpayers...
Payment of Service Tax in Transitional Period Clarified
There has been certain spread around on payment of service tax after June 30, 2017. The issue has been clarified...
Filing ITR? No need to update the Contact Details
Up to September 22, 2017 taxpayers were able to link a single contact number for more than 3 accounts on...
What is Composition Scheme and Benefits?
Many startups, Small and Medium Enterprises (SME’s) keep toiling between tax regimes to comply with their provisions. To clarify their...
Due-date Extended for Filing ITR (Audit)
The Central Board of Direct Taxes, the decision making body under section 119 of the Act, in respect of all...
After Demonetisation, Increase in the Number of People Who File Income Tax Returns
In fiscal year 2016-17, 2.82 million people filed income tax returns. The tax department said on Monday that the number...
Income Tax Return Filing Deadline Extended to August 5, 2017
The last date for filing income-tax returns this year has been extended to August 5. The original deadline for filing...
IT Department To Investigate Those Who Changed Returns After Demonetisation
Several steps are being taken after the ban on black money to tighten the currency. Now the Income Tax Department...
Do not worry! Penalty for delay in filing returns will be applicable from 2017-18
The Narendra Modi government at the Center had said in February this year that the delay in filing an Income...
CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act, 1961
The Finance Act, 2017 inserted section 92CE in the Income-tax Act, 1961 with effect from 1st April, 2018 to provide...
CBDT has Constituted Special Task Force for Jurisdiction-free Income Tax Assessment System
Following the reform in indirect tax in India, “One Tax One Nation”, and Government is now proceeding towards a new...
CBDT Issues Clarification on furnishing Statement of Financial Transaction SFT
Section 285BA of the Income-tax Act, 1961 requires furnishing of a statement of financial transaction (SFT) for transactions prescribed under...
Income Tax Department launches Operation Clean Money Portal
The Honourable Union Minister of Finance, Shri Arun Jaitley officially launched the Portal of Operation Clean Money (https://www.cleanmoney.gov.in) at New...
Exemption from Aadhaar Quoting to Certain Individuals
Section 139AA of the Income-tax Act provides for mandatory quoting of Aadhaar for filing of return of income and for...
No Tax Scrutiny of Big Transaction If It Matches Declared Income
If someone has recently spent any expensive thing or service or made a big investment, but according to all its...
One-third of State Taxes To Stay Out of GST
The process of implementing the 'biggest economic recovery' of GST from July 1 is going on fast. Even though the...
IT Department introduces new facility to link Aadhaar card from PAN card
The Income Tax Department has introduced a new e-facility for linking PAN number with Aadhaar card. Explain that the government...
PM Narendra Modi has put fear of in Tax Defaulters: Proofs are here
The number of people who filed tax returns surged by 95 lakh as the government turned the heat on black...
2 More Unilateral Advance Pricing Agreements Signed by CBDT
The Central Board of Direct Taxes (CBDT) entered into two more unilateral Advance Pricing Agreements (APAs) on 27th April, 2017,...
Due Date Extended for filing online Quarterly DVAT Returns
The DVAT Department has extended Due Date/ Last Date for Filing of online return for Q4 (Mar. 2017) of 2016-17...
Service Tax Date Extended from 25th April 2017 to 30th April 2017
The Central Board of Excise and Custom hereby extends the due date of submission of the ST-3 for the period...
Service Tax Returns Filing Date Extended To 30th April 2017
The date of submission of the Service tax return (Form ST-3) for the period from 1st October 2016 to 31st...
No Income Tax on Salary deducted for Notice Period Pay cut
The Income-tax Appellate Tribunal (ITAT) which adjudicates Income-tax (I-T) disputes, has held that an amount deducted by an employer for...
States asked to Pass GST bills by May-End
GST council chaired by finance minister Arun Jaitley has urged states to approve state GST laws by the end of...
Government Plan to keep Single Rate for each Product group to avoid GST Problems
After having opted for multiple rates under the upcoming goods and services tax (GST) regime, India is now looking to...
'Operation Clean Money'-II launches by IT Department, to Probe 60,000 People
The Income Tax department will investigate over 60,000 individuals under the second phase of the ‘Operation Clean Money’ which was...
Rs.1.37 lakh crore of tax avoid detected over last 3 years
Law enforcement agencies have detected Rs.1.37 lakh crore worth of tax evasion, began criminal prosecution in 2814 cases, and have...
Now, All Income Tax Department-Related Proceedings To Be Conducted Online
All Income Tax Department-related proceedings between the taxpayer and the taxman will be conducted online from the new fiscal year,...
Govt seeks powers to levy GST on all rental income
The government is arming itself with powers to levy goods and services tax (GST) on all rental income but is...
Government removes 1% tax on cash purchase above Rs 2 lakh
The government today removed the 1% tax on cash purchases above Rs 2 lakh, after putting a limit on transactions....
Due Date Extended for filing online Quarterly DVAT Returns
The DVAT department. has further extended the due date for filing of online/ hard copy of DVAT return for Q3...
Withdrawal of Service Tax Exemption for Educational Institutions
With the Introduction of Negative List Regime in the year 2012, all services becomes taxable except the services which are...
Tax dept app to track refunds, plans issuing PAN in real time
The I-T department has developed a mobile app for paying taxes and tracking refunds and is considering issuing PANs on...
Due date extended for filing online quarterly DVAT Returns
  The DVAT department. has further extended the due date for filing of online/ hard copy of DVAT return for...
Income Tax: Investments of up to Rs 50 lakh in specified bonds tax exempted
As per Section 50C introduced by the Finance Act, 2016, where the date of the agreement fixing the amount of...
Supersession of notification no- 12/2017-Customs (N.T) dated 16th February 2017
CBEC vide notification no. 14/2017-Customs (N.T) dated 2nd March 2017 determines the rate of exchange of Conversion of each of...
Amendment in Notification no. 9/2012-Customs dated 9th March 2012
Central government vide notification no. 07/2017-Customs dated 1st March 2017 hereby makes the following further amendments in earlier notification. In...
Service Tax payable by way of admission to a museum
According to a practice that was generally prevalent, there was non levy of service tax, on the services by way...
CBDT Signs 10 more unilateral APAs with taxpayer.
The Central Board of Direct Taxes (CBDT) has signed 10 more unilateral advance pricing agreements (APAs) with Indian taxpayers as it...
From April 1st buying Jewellery over Rs. 2 lakh cash to attract 1% TCS
Submitted by business_centrik on 20/02/2017 Cash purchase of jewellery will attract 1% TCS (Tax Collected at source) from April 1...
Don't Miss GST Deadline: You May Loose Some Benefits
Submitted by Tax_centrik on 21/02/2017 The Government is striving hard to meet its ambitious target to roll out a pan...
Now, pay service charge in restaurants at your discretion
Restaurants associations are advising their members across India to sensitise customers about service charges after the Department of Consumer Affairs...
CAIT to train 5,000 traders as “Masters trainers” for GST
Submitted by Tax_centrik on 13/02/2017 The Confederation of all India traders(CAIT) said it will prepare 5,000 trade leaders across the country as...
Certificates of appreciation to tax payers for their contribution towards Nation building.
In continuation of the initiative of the Government to acknowledge the contribution of taxpayers by paying taxes towards nation building...
Tax to be levied on cash transaction over Rs. 50,000/-
Submitted by Tax_centrik on 27/01/2017 The Committee headed by Andhra Pradesh Chief Minister N Chandra Babu Naidu submitted the interim report on...
Form 1 and Form 3 of Equalisation Levy Rules, 2016 are available for e-Filing
Submitted by business_centrik on 25/01/2017 Form 1 and Form 3 of Equalisation Levy Rules, 2016 are available for e-Filing on Department of...
Procedure for registration and submission of statement of financial transactions (SFT) as per section 285BA of Income-tax Act, 1961
Submitted by business_centrik on 21/01/2017 Form 61A - Statement of Financial Transactions (SFT) as per section 285BA of Income-tax Act, 1961 read...
Seeks to amend Notification No. 27/2014-Central Excise(NT), dated 16.09.2014
Seeks to amend Notification No. 27/2014-Central Excise(NT), dated 16.09.2014
Payment of GST through Debit and Credit Cards
Revenue Secretary Hasmukh Lal said that GST can be paid online using debit or Credit Cards. Tax payers can use...
Income tax payers receive Thank you note from Income tax department for their contribution "towards building of this great nation".
Over the years, the income tax department has come to acquire an image of an agency that usually harassed taxpayers,...